NNN Leased Family Dollar
For Sale
Contact for pricing
189 W Main St, Newark, OH
NNN leased Family Dollar with 9+ years remaining.
Property Size9,000 SF
Lot Size0.72 Acres
Price / SF$136.83
Days on Market559
Property Features for 189 W Main St
General Information
Standard status
Active
Size
9,000 SF
Lot size
0.72 Acres
Property subtype
RETAIL
Listing Agency:
Trinity Real Estate Investment Services - Corporate
(817) 304-8916
Listed By:
Cody Crist · License #697980
(817) 584-2000
Source:
Moodyscre
Added: Mar 3, 2025
Changed: Sep 9
Last Checked: Sep 13 at 4:59AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Trinity Real Estate Investment Services - Corporate
Investment Insights
Based on property information with market context.
This property is a Family Dollar store with over 9 years remaining on the current NNN lease term. The lease includes an attractive rent increase of 10% every 5 years. The store reports exceptional sales. The property benefits from strong demographics, with 70,388 residents within a 5-mile radius. It offers excellent visibility along W Main Street, which sees 5,400 vehicles passing by daily. The property is located 40 miles from Columbus, OH, which has over 900,000 residents. The lease is corporately guaranteed by Dollar Tree Inc., an investment-grade tenant with an S&P credit rating of BBB. The property size is 9,000 square feet.
Key Highlights
- Corporately guaranteed by Dollar Tree Inc. (S&P Credit Rating: BBB)
- NN Lease Family Dollar with 9+ years remaining on current term
- Attractive rent increase of 10% every 5 years
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
1,007
Businesses Nearby
Under-served
Demand for This Use
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Business Placement
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Market
Vacancy Rate% for Retail in Midwest region
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Frequently Asked Questions
What type of property is this?
Storefront property - NNN leased Family Dollar with 9+ years remaining.
Where is this storefront property located?
The property is located at 189 W Main St Newark, OH.
What is the asking price?
The asking price for this property is $1,231,430.
What are key features of this property?
This property features: Corporately guaranteed by Dollar Tree Inc. (S&P Credit Rating: BBB); NN Lease Family Dollar with 9+ years remaining on current term; Attractive rent increase of 10% every 5 years
